Post by
Gambler8888 on Aug 04, 2021 12:47pm
Q2 financials
Sold all of my vgcx after poor q2 production release. I will wait until after q2 financial release which will be a significant miss before getting back in.
I expect there will be significant price pressure after q2 financials unless a takeout is confirmed.
I still believe on vgcx is a good value buy over time at this price and for the acquirer.
one final wrinkle. If there is no takeout in the next few months then there will be many lawsuits against vgcx as the ceo essentially promised a takeout in a video interview a few months ago. This was a reckless move that could bring litigation exposure but then again I am not in the data room and so perhaps a takeout is essentially a certainty.
Glta longs.
Comment by
steve55 on Aug 04, 2021 1:09pm
when do they release them? Mid september?
Comment by
Goldmann2020202 on Aug 04, 2021 1:36pm
Good buy today @ $17.75 Cdn....easy 50% upside by Fall. I'm adding today.
Comment by
OCB1234 on Aug 08, 2021 4:36pm
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Comment by
MindMedic on Aug 09, 2021 11:09am
But as we all know, and as we're seeing yer again, when VGCX drops , there isn't much of a floor. After all, wasn't it under $12 6 months ago. Perhaps Gambler ascribes to the 'Bird in the hand' approach.
Comment by
kegman on Aug 09, 2021 12:44pm
Victoria is a producing Gold Company that relies on the price of gold as do all the others. When Gold drops, so does VGCX. Regardless of the Hedge, regardless of the drilling, regardless of the data room. I bought more today. I will treat this as a gift. Gold will not stay down.
Comment by
OCB1234 on Aug 09, 2021 1:10pm
This post has been removed in accordance with Community Policy